Breaking News

Cognis and Golden Hope Expand Oleochemicals

January 10, 2006

Cognis and Golden Hope
Expand Oleochemicals
● Cognis Deutschland GmbH & Co. KG and
Golden Hope Plantations Berhad
agreed to expand the scope of their
existing joint venture with the transfer
of Cognis’ global oleochemicals and
plastics technology businesses.
Following the signing of a memorandum
of understanding earlier this
year, and the successful conclusion of
the subsequent contract negotiations,
agreements respecting the transfer of
the businesses to the joint venture and
related aspects of the transaction were
signed.
Effective January 1, Cognis’ global
oleochemicals business, comprising
fatty acids, glycerin, oilfield chemicals,
azelaic acid and pelargonic acid, and
plastics technology was transferred to
Cognis Oleochemicals Sdn. Bhd., the
existing 50:50 Malaysian joint venture
between Cognis and Golden Hope. The
implementation is subject to the
approval of the relevant authorities
and Malaysian Bank Negara andd the
Malaysian Ministry of International
Trade and Industry. The transaction is
expected to be completed by the end of
the month.
blog comments powered by Disqus
  • Active Agents

    Active Agents

    September 19, 2016
    On the surface, surfactants may seem staid, but the market, and the supplier activity driving it, is bubbling.

  • Jam On It!

    Jam On It!

    Melissa Meisel, Associate Editor||September 19, 2016
    Jamberry sees success in artsy nail accessories.

  • Expanding Erbaviva

    Expanding Erbaviva

    Christine Esposito, Associate Editor||September 13, 2016
    A farm-to-bottle organic brand celebrates its 20th anniversary with a new look, new products and plans to expand in the US.

  • Back to School

    Back to School

    Tom Branna, Editorial Director||September 1, 2016
    It may be September, but class was in session this summer during the Private Label Manufacturers Association’s Executive Educ

  • How Green Is Your Surfactant?

    How Green Is Your Surfactant?

    Tom Branna, Editorial Director ||September 1, 2016
    Suppliers offer a range of solutions to help household and personal care product formulators develop formulas

  • New Surfactants

    Tom Branna, Editorial Director ||September 1, 2016
    Here’s a list of new ingredients introduced by surfactant suppliers